CM in MA

Fear Not Yet a Factor

Sure, shorts are valuable to the price discovery mechanism. IMHO, the problem with shorts is that they hide in the weeds. Longs cross the tape in full view and in real time. Shorts disclose their position once a month, and the information is already dated when it comes out. Mark the tape as a short sale and make it a truly transparent market. As it stands, short-selling is too easy a deck to stack.